In a world where more and more companies are outsourcing their production, one toy manufacturer is taking a different approach. Wham-O, the producer of many iconic American toys, is moving its production of Frisbees, hula hoops and pool noodles from China back to the United States. According to Kyle Aguilar, CEO of Wham-O, Chinese wages, material costs and freight charges are increasing. Moving to America just makes more economic sense.
And who better to cover this story than The Daily Show, America’s favorite fake news show. Aasif Mandvi, correspondent for The Daily Show, asks the hard questions. Is reshoring turning American into a third-world country? Is this a case of reverse colonialism?